Climate and business partnership of the future: CDP India Annual Report 2019
India Inc has shown a modest uptick when it comes to disclosure of climate change risk due to increasing awareness about global warming and a growing band of climate-conscious investors, reveals a recent report released by CDP (Carbon Disclosure Project) India. The CDP India annual report, which examines carbon reduction activities of companies, shows that boards of 98% of the firms directly monitor climate change risks with top management integrating these concerns in performance evaluation. According to the report, 2/3 of the 59 firms that were surveyed use climate anlaysis tools to formulate their business strategies.
